Free Money?!

By
Real Estate Agent with Keller Williams Realty CalBRE# 01308620

Wow! The sky is falling and its raining low interest rates!! I know we've all been hearing about the "historically" low interest rates for years now but OMG for qualified buyers, money is practically free! Did you know you could lock in a 30 year fixed rate conforming mortgage right now, pay no points, and most likely very little closing costs for 4%? Thats FIXED for 30 years people!! Heck you can pay 1 point & get yourself a 3.75% fixed rate on a 30 year fixed.

 I always hear people tell me how they are waiting for the right time to buy, well I sure don't have a crystal ball but I can tell you NOW is the best time I have seen in over a decade that I've been an agent! With prices down 30-40% from the peak, a healthy amount of inventory to choose from, and THE lowest 30yr fixed mortgage rates in the history of our country, how could you not be racing out to buy now?

My Savvy investors are scooping up discounted properties like ice cream! Its about time all of you fence sitters get down before you get splinters in your behinds. 

If you need some guidance or would like to be introduced to some of the TOP mortgage professionals the industry has to offer, please feel free to call me anytime! I'm looking forward to celebrating with you on your hot deal on a great property & ridiculously amazing rate/terms on your loan! 

Happy Monday! 

 

Comments (4)

Doug Bullwinkel
Envoy Mortgage,NMLS ID 6666 - Sacramento, CA
Mortgage Loan Originator NMLS #281609

It is a great time for buyers but the media needs to help out with some positive stories instead of all doom and gloom.  People have to feel confident to purchase, regardless of what the prices and rates are.

Oct 03, 2011 06:07 PM
Emily Rose Newmark
Keller Williams Realty - Sherman Oaks, CA

Very true, but I choose not to buy into the doom & gloom. Its up to the people on the front lines every day like agents, brokers, and mortgage professionals to let people know whats really going on! Thanks for reading Doug :) 

Oct 03, 2011 06:20 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I just blogged on this topic.  It is not interest rates that bring the buyer out to purchase a home.  It is consumer confidence.  Look at the fabulous rates they should all be buying.

Oct 03, 2011 06:40 PM
MichelleCherie Carr Crowe Just Call...408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

You communicate energy and confidence about this, hope they listen and buy.

Oct 03, 2011 07:07 PM